Implementing the climate change convention: taxes or tradable abatement obligations equals coercion or negotiation Online publication date: Thu, 24-Jul-2003
by Peter Read
International Journal of Global Energy Issues (IJGEI), Vol. 11, No. 1/2/3/4, 1998
Abstract: Technological change external to the energy supply industry - sink enhancement and demand side efficiency improvements - is key to a least-cost greenhouse gas response strategy. The potential for a low cost global forestry and biofuel based response is noted. Enlisting energy supply firms' expertise to manage such technology change entails the use of policy instruments congenial to managerial involvement. Tradable abatement obligations (equivalent to uniform voluntary agreements and to a dedicated carbon tax) provide a greater incentive to external technological change than do conventional economic instruments (carbon taxes and tradable emissions permits). A process of negotiated transition from voluntary agreements to tradable abatement obligations is described and aspects of the long run policy regime discussed.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Global Energy Issues (IJGEI):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com